Insurance sector takes on the blame culture
Patrick Snowball, executive director general insurance, Aviva, has called for reinsurers and insurers to take a role in moving away from the 'blame and claim' culture which is becoming increasingly prevelant in the UK. Speaking at the Reinsurance Rendez Vous in Monte Carlo he said there was a need for access to justice for all but at the right price and without a, "feeding frezy on trauma". He said that the social and political impact should also not be underestimated. "The insurance industry has not always had the best press but now is the time for it to convey what a pivotal role it plays in society," he commented.
Mr Snowball was chairing a debate on 'compensation culture' which also heard presentations from broadcaster John Humphreys, Beechcroft Wansbrough senior partner, Lord Hunt and Judge Richard PosnerOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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